Wednesday, May 18, 2016

MINNEAPOLIS, MN, USA and REHOVOT, Israel, May 18, 2016 - Stratasys Ltd. (Nasdaq:SSYS), the 3D printing and additive manufacturing solutions company, unveiled a bold, new software strategy designed to make 3D printing significantly easier, more intuitive and highly accessible. The approach is powered by a new, open architecture "design-to-3D print" workflow application, GrabCAD Print* - residing on the popular GrabCAD SaaS platform and supported by a community of more than 3 million designers, engineers and students.

Unified Platform for Job Preparation, Scheduling and Monitoring

3D printing techniques are typically characterized by significant "model fixing" time which forces businesses to devise costly, manual solutions to construct an acceptable workflow. GrabCAD Print is designed to make 3D printing fast and easy-to-use, while reducing errors by eliminating requirements to translate and repair computer-aided design (CAD) files. Product designers, engineers, and 3D printer operators can now send native CAD files to Stratasys 3D Printer or service bureau directly from their familiar CAD environments. Further bolstered by an extensive new business intelligence environment, the application also accelerates data-driven decision-making.

"When we acquired GrabCAD two years ago, our vision was to provide a digital manufacturing backbone to support adoption of 3D printing technologies," said Josh Claman, Chief Business Officer, Stratasys. "Underscoring the critical nature of software as an essential ingredient for complete and smooth 3D printing workflow, GrabCAD Print is our first new application built on the GrabCAD platform - empowering customers with a single, open, cloud-based environment for job preparation, scheduling and monitoring. Accelerating integration of additive manufacturing on the shop floor, GrabCAD Print also generates real-time business intelligence which can be prepared in actionable reports for Stratasys 3D Printers on the user's GrabCAD Print network."

New GrabCAD Print simplifies the 3D printing process with an intuitive, streamlined workflow that includes actionable business intelligence.

Committed to architecting an open and partner-friendly solution, Stratasys is making full use of a powerful 3D design ecosystem - creating additional value-added applications based on the GrabCAD Platform. Industry leading CAD solution providers such as PTC, Dassault Systems' SOLIDWORKS, and Siemens PLM Software will be collaborating with Stratasys to further simplify key functions in CAD-to-3D print workflow. Users of these offerings will be able to access Stratasys 3D printing solutions, analyse designs for 3D printability, and prepare and print jobs from their native CAD environment.

"When keeping up with fast paced development, frequently things will change in the last minute. In the past when a build had to be switched to a different 3D printer I'd have to do a clean restart - redo all of that file preparation work. With GrabCAD Print it's easy to switch between 3D printers within a single app. That's a huge step forward in improving the workflow," said Jimmy Callaway, Design Engineer, Joe Gibbs Racing.

*The GrabCAD Print application is planned for public beta in North America this summer with additional releases planned throughout the year alongside new language and regional support.

For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing - shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company's solutions provide customers with unmatched design freedom and manufacturing flexibility - reducing time-to-market and lowering development costs, while improving designs and communications.

Stratasys subsidiaries include MakerBot and SolidScape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; the GrabCAD platform with over 3 million professional users; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs. With more than 2,700 employees and 800 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. For more information, visit www.stratasys.com or http://blog.stratasys.com/.